Forbes 2024: Ambani leads, Adani gains big, India's rich hit new high

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Forbes 2024: Ambani leads, Adani gains big, India's rich hit new high - Business Standard

Quick Summary:

This year marks a milestone for India's wealthiest, as the collective wealth of top 100 richest Indians crossed $1 trillion for the first time.

The bar to enter Forbes’ prestigious list has risen sharply in 2024, with the cutoff increasing to $3.3 billion from $2.3 billion in 2023.

Naazneen Karmali, Asia Wealth Editor and India Editor of Forbes Asia said, “India’s booming stock markets have delivered a bonanza to its wealthiest tycoons, and many of them have seen their fortunes scale to new heights.